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LONDON (Dow Jones)--Formation Group Plc (FRM.LN), construction management services company, announced Friday in relation to the litigation being conducted through its wholly owned subsidiary, Proactive Sports Management Limited that it was successful in one of its claims against Stoneygate 48 Limite
Read moreLONDON (Dow Jones)--Formation Group PLC (FRM.LN) said Thursday it purchased the entire issued share capital of Proactive Sports Management Limited for a nominal consideration. MAIN FACTS: -Proactive has one employee. -By way of background, on July 30, 2009, the Company announced that it
Read moreLONDON (Dow Jones)--Formation Group PLC (FRM.LN), a construction management services company, announced Friday that John Lawrence following recent ill health has tendered his resignation as non executive chairman and a director of the company with immediate effect. MAIN FACTS: -The Group has
Read moreConstruction and property development company Formation Group is a much changed business since it offloaded five of its nine subsidiaries by means of a management buy out, but it still faces challenging conditions, chairman John Lawrence said. The group reported revenue from continuing operations o
Read moreProperty asset manager Capital & Regional announced that the Junction Fund has sold Kittybrewster Retail Park in Aberdeen and Slough Retail Park to Fund Managers Threadneedle Property Investments for a price of £81.74m. Capital & Regional has an interest of 13.4% in the Junction Fund. Shares in pro
Read moreFootsie finished higher Tuesday after a strong performance by US shares, lifted by consumer confidence figures, hauled London's leading share index out of the red. The mining sector summed up the volatility seen on the markets today. Rio Tinto climbed after it said it had agreed a 33% cut in contra
Read moreHopes that Wall Street might provide a fillip to UK shares have been dashed as US markets open in a similarly dull fashion to London. Mining stocks and financials are the worst performers while defensive sectors such as tobaccos and supermarkets have returned to favour. Mining giant Rio Tinto is lo
Read moreIt was a dull morning session for London's leading shares, with the market following Asian markets lower after the news broke concerning North Korea's nuclear bomb test. Mining stocks and financials are the worst performers. Mining giant Rio Tinto is lower after it agreed a 33% cut in contract fin
Read moreShares in celebrity agent Formation Group soared after it confirmed it has received indications of interest from private equity group Gresham over 'certain parts' of the business. The statement comes after the Sunday Times reported that a management team including chief executive Neil Rodford backe
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